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re: GME Ended at $90.00 today.

Posted on 2/23/21 at 4:20 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69930 posts
Posted on 2/23/21 at 4:20 pm to
quote:

GME CEO to step down on 3/26. Just announced on CNBC. Not sure if that's good news or bad news for the stock, but this piece of trash has been trading sideways for a while now, way higher than it should be.





It's still trading at least 5x higher than it should be.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31286 posts
Posted on 2/23/21 at 4:51 pm to
quote:

It's still trading at least 5x higher than it should be.


That's what's so goddamn frustrating. WHY?

I'm holding a 2/26 $58 put which will be in the money below $40/share. I was certain it was a sure thing but this trading sideways in the mid 40s is mystifying me. Someone is buying and I can't fathom why.
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